Thursday, March 21, 2019 5:07:06 PM
https://stockhouse.com/companies/bullboard?symbol=c.pkg&postid=29519724
We plan to keep this expansion paralleled with Canada. California has very big opportunities for us, keep an eye out for news.
We are aiming to partner up with one of the major LP’s in Canada. We have had conversations with a few players, but I cannot comment further than that.
Anytime I enter a new market, to lower capex, I always wish to have partnerships within that region. The cannabis market needs a reliable and innovative distribution partner, so are expecting this to be a large growth catalyst for our national expansion strategy.
We’ve aimed ourselves at the medical space to start, and we’re now taking the proper steps to position ourselves for the opportunities that are present within the recreational space.
From a market perspective, I believe the focus has been on cannabis producers and I think the market will switch to looking at ancillary businesses that support production and distribution.
We for our customers, we will be doing some very innovative things moving forward. We are aiming to handle all fulfillment requirements for Choom, we will have more news about this in the future.
We do not have any plans to raise capital in the near future. As I move into new markets, our strategy is to mitigate any spending on unnecessary marketing by forming strategic partnerships.
Actually too many things to name...
Don't forget about
AMAZON: https://www.parcelpal.com/2018/04/04/parcelpal-achieves-gold-status-amazon-fulfillment-provider/
KIARO: https://www.parcelpal.com/2019/03/13/parcelpal-signs-cannabis-distribution-agreement-kiaro/
CHOOM: https://www.newswire.ca/news-releases/parcelpal-signs-agreement-for-marijuana-distribution-with-choom-holdings-inc-694498251.html
The New Board member and what he will bring: https://www.newswire.ca/news-releases/parcelpal-welcomes-brian-storseth-to-the-board-of-directors-and-acting-chairman-896744976.html
MADD Canada: https://ca.finance.yahoo.com/news/parcelpal-announces-strategic-partnership-madd-123000995.html
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